Sequans Communications Announces Bitcoin Treasury Initiative with $384M Investment

An announcement from Sequans Communications S A ( (SQNS) ) is now available.

On June 23, 2025, Sequans Communications S.A. announced a strategic move to establish a bitcoin treasury, marking an expansion beyond its core semiconductor cellular IoT business. The company plans to raise approximately $384 million through private placements of equity securities and convertible senior secured notes to fund this initiative. This move reflects Sequans’ belief in bitcoin as a valuable long-term investment and aims to enhance financial resilience and shareholder value. The offering is expected to close around July 1, 2025, pending shareholder approval and customary conditions.

The most recent analyst rating on (SQNS) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on Sequans Communications S A stock, see the SQNS Stock Forecast page.

Spark’s Take on SQNS Stock

According to Spark, TipRanks’ AI Analyst, SQNS is a Neutral.

The overall score reflects a balanced view of Sequans Communications. While there is a positive trend in financial performance and potential for future improvement, current technical indicators and valuation uncertainties weigh down the score. The earnings call provides a slightly positive outlook, but financial challenges remain significant.

To see Spark’s full report on SQNS stock, click here.

More about Sequans Communications S A

Sequans Communications S.A. is a leading semiconductor company specializing in wireless cellular technology for the Internet of Things (IoT). The company offers a wide range of solutions, including chips, modules, IP, and services, optimized for IoT applications. Established in 2003 and headquartered in France, Sequans has a global presence with offices in multiple countries.

Average Trading Volume: 66,629

Technical Sentiment Signal: Sell

Current Market Cap: $49M

See more insights into SQNS stock on TipRanks’ Stock Analysis page.